Advocates for LETTER OF ADMINISTRATION at affordable and reasonable rates in Andheri East near Metropolitan Magistrate Court WHAT IS LETTER OF ADMINISTRATION? A letter of administration is a document that is used to appoint a personal representative to oversee the affairs of a deceased person. This document typically includes instructions on how to collect and pay debts, manage the property, and contact creditors. A letter of administration is a legal document that is used to administer an estate. letter of administration for immovable property necessary. It is typically used when a person has died and there are no living relatives who can take care of the estate. WHAT IS THE PURPOSE OF LETTER OF ADMINISTRATION The purpose of a letter of administration is to provide continuity and certainty for the estate of an individual who has died. The letter of administration acts as a legal document that authorizes the management of the deceased's estate by a designated representative. The letter typically sets forth the terms under which assets may be distributed and lists all creditors who are entitled to payment from the estate. WHAT IS THE DIFFERENCE BETWEEN PROBATE AND LETTER OF ADMINISTRATION Probate is granted by the court where person dies leaving WILL and Letter of administration is granted by the court when person dies without leaving the WILL. WHAT IS THE DIFFERENCE BETWEEN LETTER OF ADMINISTRATIONAND SUCESSION CERTICATE Letter of administration is issued for the right of administration of the entire property of the deceased. A succession certificate is applied for the movable assets like car, bank account, securities, shares, ornaments etc. SITUATIONS IN WHICH LOA IS GRANTED/ WHEN TO APPLY FOR LETTERS OF ADMINISTRATION: When – • No Executor has been appointed in WILL. • Executor appointed is legally not capable. • Executor appointed refuses to act. • Executor died before probate of WILL. • Executor died before the testator. • WILL is proved/probate granted but executor died immediately after that. In above situation letters of administration with will annexed may be granted by the competent court. WHERE TO APPLY FOR GRANT OF LETTERS OF ADMINISTRATION : 1: District Court in whose jurisdiction the property is situated. 2: Court in whose jurisdiction the deceased last resided. LETTER OF ADMINISTRATION IN MUMBAI Application for letters of administration in mumbai is possible in case of Property is in Mumbai jurisdiction and the said property is having a value less than 10 lacs and Letter of administration is required to be applied Before The Administrator General, Maharashtra State, Mumbai. In case of Property is in Mumbai jurisdiction and the said property is having more than 10 lacs then a Letter of administration is required to be applied within the local limits of the ordinary original civil jurisdiction of the High Courts of Judicature, Mumbai. letter of administration in mumbai and out of Mumbai it is done in form of Succession certificate. If the property is in Mumbai you have to get letter of administration in mumbai and if out of Mumbai then Succession certifcate. LETTER OF ADMINISTRATION BOMBAY HIGH COURT- If the property is in Mumbai/the deceased died in Mumbai you need to file letter of administration from high court, Fort, Mumbai, Maharashtra 400001 DOCUMENTS NEEDED FOR LETTER OF ADMINISTRATION : Following documents are required while applying for letters of administration. 1. Original Death Certificate of deceased and PAN and AADHAR if available. It’s advisable to keep a certified copy of the original death certificate at the time of filing in the court 2. PAN and AADHAR of all the descendants. 3. Passport size Photos of all the descendants. 4. Ration card copy of the deceased. 5. Original WILL (In case available) PROCEDURE FOR LETTER OF ADMINISTRATION : 1. Compilation of the above documents. 2. Drafting of Petition for letter of administration for immovable property. 3. Filing of the Petition. 4. Removing objections if any. 5. Hearing before court. 6. Judgement. LETTER OF ADMINISTRATION COURT FEES – The cost of obtaining letters of administration depends on the following factors- letter of administration court fees wil be 5% of the total market value of the estate you are claiming or maximum – Rs. 75, 000/-. There is the capping of Rs. 75, 000/- . In any situation if the property you are claiming under LOA is having value more than 5 caror, you have to pay only maximum court fee for letters of administration i.e. Rs. 75, 000/- not 5% of the 5 carors. Please note that letter of administration for immovable property court fees will be different as per respective state laws. HOW MUCH DOES IT COST FOR LETTER OF ADMINISTRATION Court fee - 5% of the market value of the property or maximum Rs. 75000/-. Lawyer fees may vary from Rs. 80000/- to any extent depending complexity of the case and the standing of the Advocate. HOW LONG DOES IT TAKE TO GET A LETTER OF ADMINISTRATION OF ESTATE- Generally, it takes 6 to 8 months to get a letter of administration. In case of objections raised in respect of documents produced for LOA, it may take more than 6 months. #Documentation #Will# Gift Deed#Consent Terms#Term sheet# Agreements #Court appearances#Corporate Advisory Services#Retainers#Family settlement#Power of Attorney #Sale Deed #Return of stolen property through court#Individual Loan Agreement